BMI View: Qatar has among the shortest replacement cycles and highest device average selling prices globally, market characteristics that are supported by the affluent consumer base and culture of conspicuous consumption. The economic outlook informs our view that the market will continue to be highly lucrative over the medium term, but with severely diminished first-time buyer opportunities the growth potential of the market is constrained and we forecast total device spending will increase at a CAGR of 2.2% over 2016-2020 to USD1.6 5 bn in 2020 .
Latest Updates & Industry Developments
Computer Hardware Sales: USD580mn in 2016 to USD619mn in 2020, a compound annual growth rate (CAGR) of 1.6%. PC saturation and the threat to tablet replacement spending from smartphones means we envisage segment underperformance over the medium term.
AV Sales: USD325mn in 2016 to USD352mn in 2020, a CAGR of 2.0%. Consumer affluence will make Qatar a strong market for Ultra-HD TV set upgrades, while investment in hotel expansions will also generate demand in the segment's largest product category.
Handset Sales: USD612mn in 2016 to USD684mn in 2020, a CAGR of 2.8%. The smartphone market deepened to lower-income migrant labourers in 2015, but is now saturated and, as such, on a lower growth trajectory through to 2020.
|Market Maturity Means Limited Upside From Further Income Growth|
|Qatar Consumer Electronics Forecast|
|f = BMI forecast. Source: BMI|
The Qatar Consumer Electronics Report has been researched at source and features latest-available data covering both the manufacture and sale of consumer electronics products, critically analysing - and forecasting - the market dynamics affecting each sub-sector, including audio-visual, computers, mobile handsets, gaming and automotives electronics. Furthermore, the report analyses the domestic and global economic trends driving device demand and provides company rankings and competitive landscapes covering leading multinational and national consumer electronics companies and analysis of latest industry news and trends in Qatar.
BMI Research's Qatar Consumer Electronics Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the consumer electronics industry in Qatar.
- Benchmark BMI's independent consumer electronics industry forecasts for Qatar to test other views - a key input for successful budgeting and strategic business planning in the Qatari consumer electronics market.
- Target business opportunities and risks in Qatar through our reviews of latest industry trends and major deals, projects and investments.
- Exploit the latest competitive intelligence with company SWOT analyses.
BMI Industry View
Summary of BMI's key industry forecasts, views and trend analysis covering consumer electronics, major investments and projects.
Consumer Electronics Market
Analysis of the size of the domestic market for electronics products, with in-depth assessment and data covering the dynamics driving each sub-sector; audio-visual, computers, mobile phone handsets and gaming devices, as well as demand for automotives electronics.
Analysis and data of the domestic electronics manufacturing sector. We assess the regulatory and business operational issues facing manufacturers - including openness to foreign investment, infrastructure, IP issues and the global demand context - and their impact on the production of electronics goods, which is again broken down via market sub-sectors.
Industry Forecast Scenario
Historic data series and forecasts to end-2018 for all key industry and economic indicators (see list below), supported by explicit assumptions, plus analysis of key risks to the main forecast, covering computers, communications and gaming devices. Indicators include:
Industry value (US$bn); population (mn); nominal GDP (US$bn); real GDP growth (%), GDP per capita, industrial production Index (% y-o-y ave.) unemployment % of labour force.
Business Environment Rankings
BMI's Consumer Electronics Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors and participants in the regional consumer electronics market. The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data points.